10 Articles match "June","Properties","US"

• The Best from RealtyTrac

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• Foreclosures Back on the Up and Up
  
  U.S. foreclosures in July rose to their highest level in three months, bouncing back 5 percent from June, when they hit their low point of the year so far. And as they have been in each month so far this year, foreclosures were also up from a year ago, rising 18 percent from July 2005. A total of 92,845 properties entered some stage of foreclosure during the month, a foreclosure rate of one new foreclosure filing for every 1,245 U.S. households. Colorado continued to document the nation’s highest foreclosure rate for the fifth month in a row and Texas continued to record the
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Foreclosure Activity Deflating or Just Deferred?
  
  U.S. foreclosure activity in June decreased 3 percent from the previous month but was still up 53 percent from June 2007, according to the RealtyTrac U.S. In fact, the RealtyTrac report has shown month-to-month decreases in previous months, even during the dramatic run-up in foreclosure activity that has occurred over the past year and a half: in February 2008, November 2007, September 2007, June 2007, April 2007, and February 2007. Foreclosure Market Report released today. The 3 percent decrease may lead some to speculate that the upward trend in foreclosure activity
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Ohio Lawmaker Seeks Solution to Foreclosure Level
  
  LaTourette (R-Ohio) — who chaired a meeting of the U.S. The state went from the seventh highest total of foreclosures in the nation in April to the fourth highest total in June. At the local level Cuyahoga County went from the county with the highest foreclosure rate in the state — one foreclosure filing for every 453 households in May — down to the seventh highest foreclosure rate in the state — one foreclosure filing for every 508 households — for June. It looks like foreclosures are starting to become a national call to action for some Washington bureaucrats. One example —
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Exclusive Interview with Dave Webb of Hudson & Marshall
  
  As foreclosures continue to mushroom, lenders are increasingly turning to the auction block to sell foreclosure properties. Webb believes now is a good time to buy foreclosure properties. Read Webb’s exclusive interview below: Is now a good time for investors to buy bank-owned foreclosures at auction? “Bank-owned foreclosure auctions are a great way for buyers to find exceptional values on homes because lenders are anxious to unload these properties. In April, Foreclosure News Report will spotlight the fast-growing foreclosure auction market and cover other hot foreclosure issues.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Economic Indicators Support Slow Gain in Foreclosures
  
  And based on the latest available national economic data, indications for the remainder of 2006 through 2007 are consistent with RealtyTrac’s May 2006 U.S. The results of their latest analysis , released Wednesday, indicate that a number of factors are at work supporting the notion of a continued increase in the number of properties entering the foreclosure pipeline, although not skyrocketing to levels seen back in the early 1990s. Economics 101 – Interest Rates Now that we are hovering at the mid-year point, economists are starting to review their projections for this year. Foreclosure
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fannie Mae Toughens Foreclosure Guidelines
  
  The dramatic shifts in market dynamics over the past several months have prompted us to continually review the full spectrum of our risk appetite, eligibility requirements, automated underwriting risk assessment, and pricing. Effective June 1, 2008, Fannie will require a potential borrower’s credit history to be free from any foreclosure activity for five years before it will consider buying a mortgage taken out by that borrower. It was bound to happen. With government officials at the local, state and federal levels clamoring to clamp down on the nation’s financial institutions
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Immediate Relief Nowhere to Be Found
  
  Three top indices of economic health in the U.S. came out with negative reports this month, supporting the notion that the nation’s inventory of available properties — particularly the supply of properties in foreclosure — will remain elevated for at least the immediate future. and its June measurement (50.4) According to its latest report released Tuesday, Standard & Poor’s said home prices across the nation continued to fall in April 2008, with prices in all 20 metro areas it studies for the S&P/Case-Shiller Home Price Indices showing annual declines.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Can "Appreciation Sharing" Solve The Mortgage Mess?
  
  Miller     We’re about to see something new in the mortgage marketplace: The government is going to insure huge numbers of shared-appreciation mortgages, a type of home financing rarely seen in the U.S. Under equity sharing there can be an owner-occupant who lives on the property, a non-occupant owner such as a family member or investor and both owners can get tax breaks. Can “Appreciation Sharing” Solve The Mortgage Mess? By Peter G. It’s a big experiment and it raises a bigger question: Is this the loan of the future?
  www.realtytrac.com - Tuesday, February 3, 2009
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• As Home Prices Plummet, When Will You Buy?
  
  June Fletcher of The Wall Street Journal sagely advises that the answer is "For some people, yes. have access to credit have fat cash reserves aren't already over-exposed in real estate have a secure job or income stream expect to hold the property for at least two years" But be forewarned, prices are expected to fall further, and will take awhile to rebound, according to many economists. "I When home prices are attractive to renters, remember Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  U.S. This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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